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    Small Business Management
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    Exam 22: Management Succession and Risk Management Strategies in the Family Business
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    Why Should the Small Business Owner Have a Succession Plan
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Why Should the Small Business Owner Have a Succession Plan

Question 95

Question 95

Essay

Why should the small business owner have a succession plan? Identify the five stages the owner needs to take his/her successor through in preparation for the succession.

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A succession plan is a crucial element i...

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